this post was submitted on 24 Aug 2025
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423
U.S. takes 10% stake in Intel as Trump flexes more power over big business (www.nbcnews.com)
submitted 1 month ago by themachinestops@lemmy.dbzer0.com to c/technology@lemmy.world
106 comments fedilink hide all child comments
 

Trump tweet:

It is my Great Honor to report that the United States of America now fully owns and controls 10% of INTEL, a Great American Company that has an even more incredible future. I negotiated this Deal with Lip-Bu Tan, the Highly Respected Chief Executive Officer of the Company. The United States paid nothing for these Shares, and the Shares are now valued at approximately $11 Billion Dollars. This is a great Deal for America and, also, a great Deal for INTEL. Building leading edge Semiconductors and Chips, which is what INTEL does, is fundamental to the future of our Nation. MAKE AMERICA GREAT AGAIN! Thank you for your attention to this matter.

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[โ€“] aeternum@lemmy.blahaj.zone 21 points 1 month ago (5 children)

Why does he always close with "Thank you for your attention to this matter"? Does he think he's got his big boy pants on or something?

[โ€“] PotentialProblem@sh.itjust.works 5 points 1 month ago

Until I read your comment, I thought this was satire and not the actual tweet. What in the fuck

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